Search results for "MTL"

MoonPay obtains a Wisconsin Money Transfer License

PANews reported on March 15 that, according to Cryptonews, cryptocurrency payment platform MoonPay has obtained a Money Transfer License (MTL) from the Wisconsin Department of Financial Institutions, allowing it to expand its business in the state, and local residents can now use MoonPay's services, including topping up MoonPay Balance without additional fees.
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Digital Bank and Block platform Metallicus acquisition Bonifii, will connect more than 70 credit cooperatives to Metal Block chain

Golden Finance reported that Digital Bank and blockchain platform Metallicus announced the acquisition of financial technology service company Bonifii, which is a credit union service organization (CUSO) connected to 70 credit unions. This acquisition has brought the total number of Metallicus's credit union partners to more than 80, with over 16 already utilizing MetalBlock chain technology.
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Digital Bank network Metallicus obtains FedNow transaction certification

Digital Bank network Metallicus launches its services on the FedNow instant payment platform of the Federal Reserve. Its integrated Metal Blockchain can process 4,500 transactions per second by deploying an unlimited number of subnets. FedNow aims to facilitate instant payments and replace the outdated FedACH system.
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ZachXBT: CELO is a 'ghost chain' that has yet to see real users

Odaily Planet Daily News According to the high praise of Celo by Vitalik, the co-founder of ETH, on-chain detective ZachXBT commented, 'I have not seen a real user of Celo so far. It is a 'ghost chain' integrated into the Optimism stack.' In addition, he mentioned the use of super-chain mechanism to acquire OP in Metal DAO and Celo mentioned in the comments.
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Parallel: The lending market no longer supports HV-MTL NFT, users need to withdraw their assets as soon as possible

On July 1st, Parallel Network, a full-chain L2 network, announced that its lending market will no longer support HV-MTL NFT. Starting from July 1st, the supply operation of HV-MTL NFT assets will be disabled. Users will have one week to withdraw HV-MTL NFT assets. Failure to withdraw the assets by July 8, 2024 may result in HV-MTL
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Odaily Planet Daily News Optimism announced that its open source, permissionless proof-of-stake has been launched on the OP Mainnet, and the OP Stack has reached the first stage of decentralization. Soon, more OP Stack Chains will be upgraded to include this feature, with the initial projects being Base, Metal, Mode, and Zora. The fault proof allows the extraction of ETH and ERC-20 tokens from the OP Mainnet without the need for a trusted third party, enabling users to challenge and remove invalid withdrawals, contributing to the security of Superchain. In the coming months, the official will launch more proof systems on the testnet, including Asterisc and Kona. Proving the reliability and robustness of these redundant proof schemes will help the superchain achieve the decentralization of the second stage, managed solely through smart contracts.
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PANews June 11th news, according to The Block, OP Labs has launched the fault-proofing on the L2 blockchain OP Mainnet. The fault-proofing system allows for the extraction of Ethereum and ERC-20 tokens from OP Mainnet without the need for a trusted third party. Fault-proofing is a mechanism of the Ethereum L2 network that allows users to defend against potential fraud or incorrect transactions. Previously, OP Mainnet did not have fault-proofing, which required users to trust the operator to submit accurate state roots to the mainnet. In the future, fault-proofing will be extended to other L2s built on OP Stack, including Base, Metal, Mode, and Zora.
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Metal L2 will undergo a smart contract upgrade on June 24th to ensure a smooth transition for wallets holding Metal DAO (MTL) tokens. The snapshot date is June 24th, and the airdrop date is June 26th. If you use a supported non-custodial wallet, you can switch networks after the airdrop to see your MTL balance on the Metal L2 mainnet. MTL v1 tokens will be converted to MTL v2 tokens at a 1:1 ratio. Wallets supported by Metal L2 include WebAuth and MetaMask.
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